Transcription of Sample Confirmation Letter (this is not a required format)
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Sample Confirmation Letter (this is not a required format)
Sample Confirmation Letter ( this is not a required format) (Insert Date) John Doe, CEO Sample bank 123 Main Street Anywhere, USA 01234 Re: NCUSIF Guarantee on (Insert Type of Transaction) with XXX Corporate FCU Dear Mr. Doe: The terms of the National Credit Union Share Insurance Fund (NCUSIF) s Temporary Corporate Credit Union Liquidity Guarantee Program (TCCULGP), adopted by the National Credit Union Administration (NCUA) Board on October 16, 2008, allow for guarantees of various types of unsecured debt obligations, transacted between October 16, 2008 and June 30, 2009. 12 1766(i)(2), 1783(a), 1788(a)(1), and 1789(a)(7). this Letter confirms that new (Insert Type of Transaction) in the amount of $(Insert Dollar Amount of Transaction), beginning on (Insert Beginning Date of Transaction) and maturing on (Insert Maturity Date of Transaction) between Sample bank and XXX Corporate Federal Credit Union, will be guaranteed as to timely payment of principal and interest by the NCUSIF in accordance with the terms and conditions as described in the Agreement between (Insert Corporate Credit Union Name) and NCUA.
Sample Confirmation Letter (this is not a required format) (Insert Date) John Doe, CEO Sample Bank 123 Main Street Anywhere, USA 01234 Re: NCUSIF Guarantee on (Insert Type of Transaction) with XXX Corporate FCU Dear Mr. Doe:
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